May 1, 2013

Michael Petruccelli asks; What are some reasons you shouldn’t co-sign that loan? (8)

Michael Petruccelli says;  Monitor the payments

If you’re willing to co-sign a loan, then you need to be willing to babysit that loan. That means making sure the payments get paid on time every month: ask for proof. It’ll be a hassle, but you’ll protect your credit rating – and your money.